Heat Biologics Stock Market Value

HTBX -  USA Stock  

USD 4.22  0.27  6.01%

Heat Biologics' market value is the price at which a share of Heat Biologics stock trades on a public exchange. It measures the collective expectations of Heat Biologics investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Heat Biologics and determine expected loss or profit from investing in Heat Biologics over a given investment horizon. Please check Heat Biologics Hype Analysis, Heat Biologics Correlation, Heat Biologics Valuation, Heat Biologics Volatility, as well as analyze Heat Biologics Alpha and Beta and Heat Biologics Performance.
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Is Heat Biologics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heat Biologics. If investors know Heat Biologics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heat Biologics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heat Biologics is measured differently than its book value, which is the value of Heat Biologics that is recorded on the company's balance sheet. Investors also form their own opinion of Heat Biologics' value that differs from its market value or its book value, called intrinsic value, which is Heat Biologics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heat Biologics' market value can be influenced by many factors that don't directly affect Heat Biologics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heat Biologics' value and its price as these two are different measures arrived at by different means. Investors typically determine Heat Biologics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heat Biologics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Heat Biologics 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Heat Biologics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Heat Biologics.
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11/01/2021
No Change 0.00  0.0 
In 31 days
12/01/2021
0.00
If you would invest  0.00  in Heat Biologics on November 1, 2021 and sell it all today you would earn a total of 0.00 from holding Heat Biologics or generate 0.0% return on investment in Heat Biologics over 30 days. Heat Biologics is related to or competes with Brickell Biotech, Bioatla, and Bridgebio Pharma. Heat Biologics, Inc., a biopharmaceutical company, engages in the development of immunotherapies to activate patients im...

Heat Biologics Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Heat Biologics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Heat Biologics upside and downside potential and time the market with a certain degree of confidence.

Heat Biologics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Heat Biologics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heat Biologics' standard deviation. In reality, there are many statistical measures that can use Heat Biologics historical prices to predict the future Heat Biologics' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Heat Biologics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Heat Biologics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.294.426.55
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Intrinsic
Valuation
LowReal ValueHigh
3.998.4410.57
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Naive
Forecast
LowNext ValueHigh
2.244.376.50
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4 Analysts
Consensus
LowTarget PriceHigh
15.0020.8033.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Heat Biologics. Your research has to be compared to or analyzed against Heat Biologics' peers to derive any actionable benefits. When done correctly, Heat Biologics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Heat Biologics.

Heat Biologics Backtested Returns

Heat Biologics holds Efficiency (Sharpe) Ratio of -0.32, which attests that the entity had -0.32% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Heat Biologics exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Heat Biologics risk adjusted performance of (0.18), and Market Risk Adjusted Performance of 2.94 to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of -0.2173, which attests to not very significant fluctuations relative to the market. Let's try to break down what Heat Biologics's beta means in this case. As returns on the market increase, returns on owning Heat Biologics are expected to decrease at a much lower rate. During the bear market, Heat Biologics is likely to outperform the market. Even though it is essential to pay attention to Heat Biologics current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy in determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Heat Biologics exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Heat Biologics has an expected return of -0.7%. Please be advised to check out Heat Biologics value at risk, and the relationship between the information ratio and kurtosis to decide if Heat Biologics performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.59   

Modest predictability

Heat Biologics has modest predictability. Overlapping area represents the amount of predictability between Heat Biologics time series from 1st of November 2021 to 16th of November 2021 and 16th of November 2021 to 1st of December 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Heat Biologics price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Heat Biologics price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.04

Heat Biologics lagged returns against current returns

Autocorrelation, which is Heat Biologics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Heat Biologics' stock expected returns. We can calculate the autocorrelation of Heat Biologics returns to help us make a trade decision. For example, suppose you find that Heat Biologics stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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Heat Biologics regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Heat Biologics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heat Biologics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heat Biologics stock over time.
 Current vs Lagged Prices 
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Heat Biologics Lagged Returns

When evaluating Heat Biologics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heat Biologics stock have on its future price. Heat Biologics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Heat Biologics autocorrelation shows the relationship between Heat Biologics stock current value and its past values and can show if there is a momentum factor associated with investing in Heat Biologics.
 Regressed Prices 
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      Timeline 

Heat Biologics Investors Sentiment

The influence of Heat Biologics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Heat Biologics. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Heat Biologics Implied Volatility

    
  167.8  
Heat Biologics' implied volatility exposes the market's sentiment of Heat Biologics stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Heat Biologics' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Heat Biologics stock will not fluctuate a lot when Heat Biologics' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Heat Biologics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Heat Biologics' short interest history, or implied volatility extrapolated from Heat Biologics options trading.

Current Sentiment - HTBX

Heat Biologics Investor Sentiment

Most of Macroaxis users are currently bullish on Heat Biologics. What is your judgment towards investing in Heat Biologics? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Please check Heat Biologics Hype Analysis, Heat Biologics Correlation, Heat Biologics Valuation, Heat Biologics Volatility, as well as analyze Heat Biologics Alpha and Beta and Heat Biologics Performance. Note that the Heat Biologics information on this page should be used as a complementary analysis to other Heat Biologics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Heat Biologics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Heat Biologics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Heat Biologics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...